Fireline Inc., which employs nearly 100 people in Youngstown and Boardman, is in the process of finalizing a land purchase with Youngstown State University for future expansion.
The company has become a leading supplier for the aerospace and other industries as its sales have more than doubled in the past 10 years.
Fireline operates an 84,000-square-foot manufacturing facility on Andrews Avenue in Smoky Hollow. It has a second location at 8500 Foxwood Court in Boardman, where there is a warehouse and office personnel work.
That facility was acquired because the company couldn’t construct a building fast enough when its sales bounced back dramatically after the recession, said Mark Peters, director of engineering at Fireline, who is spearheading the expansion plans. The company is considering a new building so it can consolidate and grow its operations at one location in Youngstown.
Last month, YSU’s board of trustees approved the sale of six parcels of land along Watt Street, totaling just under 1 acre.
“At that point, we had no use for the property,” said Greg Morgione, university associate general counsel. “If you go over there, it’s mainly just trees and shrubs. We were willing to work with Fireline, which has been a great neighbor and partner.”
Morgione said the university is nearing a deal to sell the land for $43,100.
Fireline makes shapes for melting and casting molten metal, especially nickel and cobalt. It serves multiple industries, but its focus on aerospace has landed premier clients such as General Electric, Pratt & Whitney and Rolls-Royce. Fireline’s supplies assist in building jet engines and land-based turbines for power generation.
“We obviously think of ourselves as successful and growing,” Peters said. “Our expectation is as we grow, we’ll need more employees.”
Peters said an expansion along Watt Street and near its current property depends on market conditions and growth in the overall economy.
He said with a deal on the land, various building approvals and design, the company is at least two years away from breaking ground.